EUR/USD Daily Video, May 23, 2012

[Sive Morten]

Good morning,
depending on what market will show on 4-hour/hourly time frame we will see either deeper upward retracement on daily or donward continuation to 1.25-1.2530 level.
Protect your positions...




The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[SonicYouth]

Hi Sive!

Firstly I should say that you're a very good trader/analyst, so congratiolations for your nice work so far. I have developed an impressive quantitative trading strategy and here's what:

I've been following your analyses and I think I can turn your strategy into a more accurate one during 90% of the time. In this particular case I would say I agree with your analyses and would only add the following info: the downward trend will meet 1.2527 if it breaks 1.25458 (Chart prices).
From now on I will try to review your analyse and share it with everyone interested.

Keep up the good work, see ya soon!